Phoenix Plus (Phoenix Plus) Days Payable : 39.26 (As of Jan. 2024)

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What is Phoenix Plus Days Payable?

Phoenix Plus's average Accounts Payable for the three months ended in Jan. 2024 was $0.22 Mil. Phoenix Plus's Cost of Goods Sold for the three months ended in Jan. 2024 was $0.50 Mil. Hence, Phoenix Plus's Days Payable for the three months ended in Jan. 2024 was 39.26.

The historical rank and industry rank for Phoenix Plus's Days Payable or its related term are showing as below:

PXPC' s Days Payable Range Over the Past 10 Years
Min: 9.61 Med: 76.29 Max: 837.35
Current: 56.67

During the past 4 years, Phoenix Plus's highest Days Payable was 837.35. The lowest was 9.61. And the median was 76.29.

PXPC's Days Payable is ranked better than
54.4% of 965 companies
in the Semiconductors industry
Industry Median: 52.34 vs PXPC: 56.67

Phoenix Plus's Days Payable increased from Jan. 2023 (26.07) to Jan. 2024 (39.26). It may suggest that Phoenix Plus delayed paying its suppliers.

Phoenix Plus Days Payable Historical Data

The historical data trend for Phoenix Plus's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Phoenix Plus Days Payable Chart

Phoenix Plus Annual Data

Trend

Jul20

Jul21

Jul22

Jul23

Days Payable

9.61

135.19

837.35

17.38

Phoenix Plus Quarterly Data
	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Days Payable	Get a 7-Day Free Trial												26.07	-	6.52	17.14	39.26

Competitive Comparison of Phoenix Plus's Days Payable

For the Solar subindustry, Phoenix Plus's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Phoenix Plus's Days Payable Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Phoenix Plus's Days Payable distribution charts can be found below:

* The bar in red indicates where Phoenix Plus's Days Payable falls into.

Phoenix Plus Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

Phoenix Plus's Days Payable for the fiscal year that ended in Jul. 2023 is calculated as

	Days Payable (A: Jul. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Jul. 2022 )	+	Accounts Payable (A: Jul. 2023 ))	/	count )	/	Cost of Goods Sold (A: Jul. 2023 )	*	Days in Period
=	( (0	+	0.004)	/	1 )	/	0.084	*	365
=	0.004					/	0.084	*	365
=	17.38

Phoenix Plus's Days Payable for the quarter that ended in Jan. 2024 is calculated as:

	Days Payable (Q: Jan. 2024 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Oct. 2023 )	+	Accounts Payable (Q: Jan. 2024 ))	/	count )	/	Cost of Goods Sold (Q: Jan. 2024 )	*	Days in Period
=	( (0.138	+	0.294)	/	2 )	/	0.502	*	365 / 4
=	0.216					/	0.502	*	365 / 4
=	39.26

Phoenix Plus Days Payable Related Terms

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Phoenix Plus (Phoenix Plus) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Phoenix Plus Corp (OTCPK:PXPC) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

N/A

Address

2-3 & 2-5 Bedford Business Park, Jalan 3/137B, Batu 5, Jalan Kelang Lama, Kuala Lumpur, MYS, 58200

Website

https://phoenixpluscorp.com

Phoenix Plus Corp through its Hong Kong subsidiary is engaged in providing technical consultancy on solar power systems and consultancy on green energy solutions, with an additional focus on the commercialization of a targeted portfolio of solar products and technologies for a wide range of applications including electrical power production. The company is geographically segmented in United States, Malaysia and Hong Kong, out of which it generates majority of its revenue from Malaysia.

Phoenix Plus (Phoenix Plus) Headlines

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